Home prices rose at the fastest pace in seven years, according to the latest data from the leading barometer.
The post Home Prices See Biggest Jump Since 2014—Worsening Affordability Challenges for Many Buyers appeared first on Real Estate News & Insights | realtor.com®.
Median prices rose 15%, pending home sales were up 29%, and new listings fell 11% from the same period a year earlier.
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First-time buyers are facing a supercharged housing market, with record-high prices, low mortgage rates, and a historic inventory shortage.
The post First-Time Home Buyers Find a Tough Market—Here’s What’s Different This Year appeared first on Real Estate News & Insights | realtor.com®.
Rocketing home prices present challenges for home buyers as many states began reopening businesses from coronavirus-related shutdowns.
The post Home Prices Are Rising at the Fastest Pace Since the Great Recession, Price Barometers Show appeared first on Real Estate News & Insights | realtor.com®.
Coming off of the roller-coaster ride that was 2020, the 2021 housing market could hold a few surprises of its own. And buyers should expect rising prices.
The post What To Expect in 2021’s Housing Market: This Is How Much Home Prices Will Rise appeared first on Real Estate News & Insights | realtor.com®.
Home prices sharply headed up—even as the turmoil over a hotly contested presidential election, the coronavirus pandemic, and high unemployment persisted.
The post Despite Uncertainty, Home Prices Are Rising by Double Digits in Much of Nation appeared first on Real Estate News & Insights | realtor.com®.
The S&P CoreLogic Case-Shiller national home price index rose 5.7% over the past year.
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When the pandemic gutted the economy, many assumed the recession would push home prices down. Instead, low mortgage rates have pushed homes prices higher.
The post Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
Home-price growth began accelerating in July, a sign that the slowdown in home prices caused by the coronavirus pandemic may be reversing.
The post U.S. Home-Price Growth Picks Up Pace Amid Pandemic Buying Rush appeared first on Real Estate News & Insights | realtor.com®.
California has the nation’s highest home prices, wildfires, and more people working from home. So can the Golden State’s real estate market remain golden?
The post The Future of California Real Estate: Can the Golden State Survive? appeared first on Real Estate News & Insights | realtor.com®.